Investment Banker: Iceland vs Germany
Side-by-side salary comparison · Estimated based on OECD & BLS data
🇮🇸 Iceland pays 35% more
Iceland
ISK
Estimated Salary (USD)
$151,772
per year
Local Currency (ISK)
kr20,944,536
per year
PPP Adjusted
$155,667
purchasing power
Big Mac Power
23,531
burgers / year
Global Percentile
Top 2%
Germany
EUR
Estimated Salary (USD)
$112,560
per year
Local Currency (EUR)
€103,555
per year
PPP Adjusted
$162,660
purchasing power
Big Mac Power
19,576
burgers / year
Global Percentile
Top 19%
Visual Comparison
Salary (USD)
PPP Adjusted (USD)
Big Mac Power (burgers/year)
Key Takeaways
- ●
Investment Bankers in Iceland earn 35% more than in Germany (nominal USD).
- ●
After adjusting for purchasing power (PPP), both countries offer similar real value.
- ●
Using the Big Mac Index, a Investment Banker's salary buys 1.2x more Big Macs in Iceland.
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Frequently Asked Questions
Who pays Investment Bankers more: Iceland or Germany?▾
Iceland pays Investment Bankers an estimated $151,772 USD per year, which is 35% more than Germany's estimated $112,560 USD.
What is the PPP-adjusted salary for a Investment Banker in Iceland vs Germany?▾
The PPP-adjusted salary is $155,667 USD in Iceland and $162,660 USD in Germany. PPP adjustment accounts for cost of living differences between the two countries.
How does the purchasing power compare for Investment Bankers?▾
Using the Big Mac Index, a Investment Banker in Iceland can buy about 23,531 Big Macs per year, while in Germany it's about 19,576 Big Macs.
Estimated based on OECD & BLS data. Actual salaries vary by experience, company, and region. Data is for informational purposes only.
Sources: BLS OEWS · OECD · World Bank · Big Mac Index